We’ve all heard the rule about listing your home for sale in the spring.
But when are buyers actually buying?
Are there any times when the demand could wane, and sellers should avoid?
There are three events that could cause a lull in the demand:
- Easter/Spring Break
- Tax Day/Season
- Graduation Season
If all we had to worry about was Easter Day, then we might lose a few hours – there were plenty of open houses on Saturday. But families with school-age kids get 9-10 days off, which is tempting for them to spend on vacation.
Should sellers wait?
Then you have the tax-day slowdown, which is usually the 1-2 days that people waste having to arm-wrestle with their income taxes.
Graduation season is more than it used to be, with every kid from pre-school through college getting the pomp and circumstance fit for a king.
Good grief – it will be mid-summer by the time every distraction clears!
Let’s examine the most important fact – when are buyers buying?
These intervals below were based on the hunch that the combined spring-break/tax-day season (3/16-4/15) might show some weakness:
NSDCC Detached-Home Closed Sales – Dates They Were Marked Pending:
How about that!
The spring-break/tax-day season was the hottest of the year in 2015, and on average about as good of a time to sell as any!
It’s Go Time!